FTAI Aviation Ltd. (NYSE:FTAI) Shares Sold by Two Sigma Securities LLC

Two Sigma Securities LLC cut its position in FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 95.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,430 shares of the financial services provider's stock after selling 28,570 shares during the quarter. Two Sigma Securities LLC's holdings in FTAI Aviation were worth $206,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in FTAI. Transce3nd LLC bought a new position in FTAI Aviation during the fourth quarter worth $29,000. Anchor Investment Management LLC acquired a new position in shares of FTAI Aviation in the 3rd quarter valued at about $31,000. Private Trust Co. NA boosted its position in shares of FTAI Aviation by 221.1% during the 4th quarter. Private Trust Co. NA now owns 244 shares of the financial services provider's stock valued at $35,000 after purchasing an additional 168 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in FTAI Aviation in the fourth quarter worth approximately $36,000. Finally, Blue Trust Inc. bought a new position in shares of FTAI Aviation during the 4th quarter worth approximately $56,000. 88.96% of the stock is currently owned by institutional investors.

FTAI Aviation Trading Up 3.5 %

FTAI Aviation stock traded up $3.56 during mid-day trading on Tuesday, hitting $104.31. The company had a trading volume of 531,311 shares, compared to its average volume of 1,744,809. The company has a market capitalization of $10.70 billion, a PE ratio of -1,041.35 and a beta of 1.64. The stock's 50 day moving average price is $104.20 and its two-hundred day moving average price is $126.11. FTAI Aviation Ltd. has a 12 month low of $75.06 and a 12 month high of $181.64.

FTAI Aviation (NYSE:FTAI - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.08). FTAI Aviation had a net margin of 1.59% and a return on equity of 206.25%. During the same period in the prior year, the company earned $0.31 earnings per share. FTAI Aviation's revenue was up 53.7% compared to the same quarter last year. Equities research analysts anticipate that FTAI Aviation Ltd. will post 2.2 EPS for the current year.

FTAI Aviation Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Friday, May 16th will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Friday, May 16th. FTAI Aviation's payout ratio is 571.43%.

Insider Transactions at FTAI Aviation

In related news, CEO Joseph P. Jr. Adams bought 3,000 shares of the company's stock in a transaction dated Friday, May 2nd. The shares were acquired at an average price of $94.54 per share, for a total transaction of $283,620.00. Following the completion of the transaction, the chief executive officer now directly owns 341,852 shares in the company, valued at $32,318,688.08. This trade represents a 0.89 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Stacy Kuperus acquired 1,087 shares of the company's stock in a transaction that occurred on Friday, May 2nd. The shares were acquired at an average cost of $92.90 per share, with a total value of $100,982.30. Following the purchase, the insider now owns 88,423 shares in the company, valued at $8,214,496.70. This represents a 1.24 % increase in their position. The disclosure for this purchase can be found here. Insiders have bought a total of 10,667 shares of company stock valued at $1,008,715 in the last 90 days. Insiders own 1.60% of the company's stock.

Analyst Upgrades and Downgrades

FTAI has been the topic of several research reports. Citigroup reiterated a "buy" rating on shares of FTAI Aviation in a report on Thursday, March 6th. Royal Bank of Canada decreased their price target on shares of FTAI Aviation from $140.00 to $130.00 and set an "outperform" rating for the company in a research note on Friday. StockNews.com raised shares of FTAI Aviation to a "sell" rating in a research report on Wednesday, April 23rd. Barclays decreased their price target on shares of FTAI Aviation from $180.00 to $150.00 and set an "overweight" rating on the stock in a report on Thursday, May 1st. Finally, Stifel Nicolaus upgraded shares of FTAI Aviation from a "hold" rating to a "buy" rating and set a $123.00 price target for the company in a report on Friday. One investment analyst has rated the stock with a sell rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $167.83.

About FTAI Aviation

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.